209 New ST new Save Request In-Person Tour Request Virtual Tour
New Brunswick,NJ 08901
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,164 sqft
Price per Sqft $202
Subdivision Fourth Ward
MLS Listing ID 2513622R
Year Built 1900
Annual Tax Amount $7,029
Tax Year 2023
Lot Size 2,099 Sqft
Property Sub-Type 2 Family
Property Description
Discover an exceptional investment opportunity located in the heart of vibrant New Brunswick. This 2-family home is oozing with value add potential and is situated in a designated Opportunity Zone, offering significant tax benefits for investors! Perfectly positioned in the bustling city center, this property is ideal for those seeking strong rental income potential or multi-generational living. The Features: 2 apartments, each 2 bedrooms 1 bath plus a bonus attic space that could potentially be re-done to increase occupancy (check with zoning). Apt 1 pays $1375 a month and Apt 2 pays $1395 a month. Both tenants are month to month. Tenants pay all utilities except water. Property being sold AS-IS! No credits will be given. Whether you're an investor looking to capitalize on New Brunswick's growing rental market or a homeowner seeking a property with income potential, 209 New St delivers. Don't miss this chance to own a versatile property in a prime urban location with significant financial upside. Schedule a viewing today!
Location
State NJ
County Middlesex
Zoning C-4
Interior
Heating Radiant,Radiators-Steam
Cooling A/C Wall Unit(s),None,A/C Window Unit(s)
Exterior
Utilities Available Gas In Street
Building
Lot Description Near Train,Near Public Transit
Story 2
Sewer Public Sewer
Water Public